Chaplin Estates Home Sales Statistics for January 2021
Sales Volume Changes*
All homes - down 2.7% at 36 homes sold
Detached - up 10.3% to 32 homes sold
Semi-detached - down 80% to 1 home sold
Dollar Value Changes*
All homes - up 7.7% to $2,440,000
Detached - up 2% to $2,474,313
Semi-detached - down 7.1% to $1,250,000
*MLS 12-month year-over-year changes ending January 31, 2021; Provided by Jethro Seymour
As of February 1, 2021, there are five homes available in the Chaplin Estates area, ranging in price from $1,777,770 for a detached home on Lascelles Boulevard (24 days on the market) to $3,499,999 for another detached home on Oriole Parkway (49 days on the market).
Last month, three homes sold in Chaplin Estates, including two detached and one attached home. The average time to sell a home was 22 days. The home on Warren Road sold a day after it was listed, while the longest remained on the market for 63 days. This doesn't include the single home that has been listed for more than 30 days and the four homes that were listed in the month of January and have yet to sell for its current list price.
Two of the three homes sold at or above their listed price. Last month’s most valuable home sale was an attached 3-bedroom, 5-bathroom home on a 16.6 x 120-foot lot with a mutual drive and garage on Chaplin Crescent. It sold for $2,960,000, which was 99% of the original listing price. It was followed by a detached home on Warren Road which sold for $2,295,000 which was 100% of the asking price.
Entry into the Chaplin Estates market now requires buyers to spend at least $2,300,000 for a detached home. Buyers continue to look for homes in midtown while low inventory persists as a driver of competitive bidding.
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January 2021 Sales
in Chaplin Estates
|Detached||No. Sold||Avg Price||% of List price||Days on market|
|Attached||No. Sold||Avg Price||% of List price||Days on market|
Source: TREB MLS Sales Data as of February 1, 2021
Statistics Provided by Jethro Seymour, Broker of Record
Jethro Seymour is one of the Top Toronto Real Estate Brokers and a midtown Toronto residential specialist with over 20 years of sales experience in real estate, marketing, construction, and publishing. He has helped many families find homes in Toronto’s great neighbourhoods, and has extensive knowledge of local markets, new home construction, resale home sales, and the condo market. Living in Midtown Toronto, Jethro previews many of the homes that come to market for his clients and inventory knowledge. Jethro specializes in Chaplin Estates, Deer Park, Summerhill and North Toronto.